ORGANON & CO (OGN) Stock Technical Analysis
NYSE:OGN - US68622V1061 - Common Stock
9.07 USD
+0.01 (+0.11%)
9.0271 USD
-0.04 (-0.47%)
Taking everything into account, OGN scores 0 out of 10 in our technical rating. OGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, OGN is a bad performer in the overall market: 94% of all stocks are doing better.
OGN is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 73% are performing better than OGN.
OGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
OGN has an average volume of 4092990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OGN has a been trading in the 8.31 - 10.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OGN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
8.42
16.33
When analyzing the support we notice one important area.
- Support @8.50 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.19 to 10.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.17 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OGN is down. |
| ChartMill Relative Strength | 6.67 | NEGATIVE | OGN has a low relative strength, it was outperformed by 93.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for OGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.71 | NEUTRAL | The Stochastics value for OGN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for OGN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for OGN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.07
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.11%
1 Week-2.05%
2 Weeks0.22%
1 Month-10.55%
3 Month-1.63%
6 Month-39.17%
12 Month-59.42%
2 Year-58.7%
3 Year-68.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%4.57%
ATR Inc-42.22%
Range Today0.14
ADR(20)0.41
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.67
Mansfield-3.96
10 Day High9.64
10 Day Low8.97
20 Day High10.39
20 Day Low8.32
52 Week High22.42
52 Week Low8.01
CS1 End8.5
CR1 Start10.19
Volume & EV
DER(3)-4.88%
DER(5)-3.77%
Volume3.57M
Volume Incr-22.11%
Vol(5)3.69M
Vol(50)4.09M